NEUBERGER BERMAN ENERGY INFRASTRUCTURE AND INCOME FUND ANNOUNCES MONTHLY DISTRIBUTION

Rhea-AI Summary

Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) has declared a monthly distribution of $0.0584 per share of common stock. The distribution will be payable on May 30, 2025, with a record and ex-date of May 15, 2025.

The Fund aims to maintain regular monthly cash distributions at a fixed rate, determined by projected net returns and other factors. Distributions typically come from:

• Cash and paid-in-kind distributions from MLPs
• Dividends from common stocks
• Interest from debt instruments
• Other investment income

Investors should note that portions of distributions may constitute a non-taxable return of capital. Unlike most investment companies, the Fund is subject to federal income tax, which reduces available distribution amounts to stockholders.

Positive

• Monthly cash distribution of $0.0584 per share announced
• Regular monthly distributions based on projected net returns
• Multiple income sources including MLPs, dividends, and debt instruments

Negative

• Distributions may include return of capital, reducing stockholder's cost basis
• Fund pays federal income tax, reducing available distribution amounts
• No guarantee of maintaining distribution amounts or frequency

News Market Reaction

+1.83%

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+1.83% News Effect

On the day this news was published, NML gained 1.83%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, April 30, 2025 /PRNewswire/ -- Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSE American: NML) (the "Fund") has announced a distribution declaration of $0.0584 per share of common stock. The distribution announced today is payable on May 30, 2025, has a record date of May 15, 2025, and has an ex-date of May 15, 2025.

The Fund currently intends to make regular monthly cash distributions to holders of its common stock at a fixed rate per share, to be determined based on the projected net rate of return of the Fund's investments as well as other factors, subject to ongoing review and adjustment from time to time.  The Fund currently intends to pay its regular monthly distributions out of its distributable cash flow, which generally consists of (1) cash and paid-in-kind distributions from master limited partnerships ("MLPs") or their affiliates, dividends from common stocks, interest from debt instruments and income from other investments held by the Fund less (2) current or accrued operating expenses, including leverage costs, if any, and taxes on its taxable income.  

The Fund expects that a portion of its distributions to stockholders will constitute a non-taxable return of capital. A "return of capital" is a distribution by the Fund which represents a return of a common stockholder's original investment and should not be confused with a dividend.  To the extent the Fund pays a return of capital, a common stockholder's basis in Fund shares will be reduced, which will increase a capital gain or reduce a capital loss upon sale of those shares.  There is no assurance that the Fund will always be able to pay a distribution of any particular amount, or that a distribution will consist solely of the Fund's current and accumulated earnings and profits. 

In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2025 will be made after the end of the year.

The Fund is subject to federal income tax on its taxable income, unlike most investment companies. Any taxes paid by the Fund will reduce the amount available to pay distributions to stockholders, and therefore investors in the Fund will likely receive lower distributions than if they invested directly in MLPs.

About Neuberger Berman

Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $515 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman's investment philosophy is founded on active management, fundamental research and engaged ownership. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of March 31, 2025.

Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.

Contact:   
Neuberger Berman Investment Advisers LLC       
Investor Information 
(877) 461-1899

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SOURCE Neuberger Berman

FAQ

What is the NML stock distribution amount for May 2025?

Neuberger Berman Energy Infrastructure Fund (NML) declared a distribution of $0.0584 per share, payable on May 30, 2025, with a record date of May 15, 2025.

How often does NML pay distributions to shareholders?

NML makes regular monthly cash distributions to common stockholders at a fixed rate per share, determined by the Fund's projected net return rate and other factors.

What are the sources of NML's monthly distributions?

NML's distributions come from distributable cash flow, which includes MLP distributions, common stock dividends, debt instrument interest, and other investments, minus operating expenses and leverage costs.

Will NML's May 2025 distribution be taxable to shareholders?

The Fund expects that a portion of its distributions will be a non-taxable return of capital. The final tax characteristics will be determined after the end of 2025.

How does NML's tax structure affect investor distributions?

Unlike most investment companies, NML pays federal income tax on its taxable income, which reduces the amount available for shareholder distributions compared to direct MLP investments.